Finance & Personal Debt
30 countersTotal UK personal debt exceeds £2.3 trillion and grows at approximately £1,000 per second. This includes £1.67 trillion in mortgage debt, £72.9 billion in credit card debt and £234 billion in student loans. There are approximately 30,000 personal insolvencies and 25,000 company insolvencies per year. Over 12.6 million working-age adults have no private pension savings. Financial debt statistics are sourced from the Bank of England, the Insolvency Service, the FCA and StepChange Debt Charity.
Total UK Personal Debt Right Now
Personal Debt Added Today
Personal Debt Added Since You Opened This Page
Total UK Credit Card Debt
Total UK Mortgage Debt
Total UK Student Loan Debt
Total UK Car Finance Debt
Average UK Household Debt
Average UK Household Debt Per Person
Personal Insolvencies Today
Personal Insolvencies This Year
Company Insolvencies Today
Company Insolvencies This Year
People Declared Bankrupt This Year
IVAs (Individual Voluntary Arrangements) This Year
Debt Collection Calls Made Today
People Seeking Debt Advice Today
People Seeking Debt Advice This Year
Cost of Problem Debt to Economy This Year
Money Lost to Financial Fraud Today
Money Lost to Financial Fraud This Year
Total UK Pension Pot (private)
Defined Benefit Pension Deficit
Working-Age Adults with No Pension Savings
Average Pension Pot at Retirement vs Amount Needed
Total PPI Claims Paid Out
Payday Loan Debt Outstanding
Interest Paid on Payday Loans Today
Cost of Financial Exclusion to Economy This Year
Adults With No Bank Account in UK
Rate at Which UK Personal Debt Grows
Frequently Asked Questions
Based on official UK government data
How much personal debt do UK households have?
UK households collectively owe approximately £2.3 trillion in personal debt, including mortgages, credit cards, loans and overdrafts, according to Bank of England statistics. The average UK household carries approximately £65,000 in total debt. Personal debt grows by an estimated £1,000 per second across the UK economy.
How many personal insolvencies are there in the UK each year?
There are approximately 30,000 personal insolvencies in England and Wales each year, including 10,000 bankruptcies and 20,000 Individual Voluntary Arrangements (IVAs), according to the Insolvency Service. A further 25,000 companies enter insolvency annually.
How much money is lost to fraud in the UK each year?
Fraud costs the UK economy approximately £2.3 billion per year in direct financial losses, according to UK Finance statistics. Online fraud accounts for 1.2 million incidents annually. The true cost including unreported fraud and wider economic impacts is estimated at significantly more.